09 October 2025 | Thursday | News
Picture Courtesy | Public Domain
Black Dragon Capital℠ ("Black Dragon") – a global multi-phased investment firm focused on disruptive technologies in high growth industry segments – has acquired the entirety of GenAspire, the teen banking solution formerly known as Copper Banking.
Originally founded as Copper Banking and recently renamed after being acquired by Black Dragon Capital℠, in partnership with leading credit unions, GenAspire leverages a track record of success in the fintech space with a new-found vision for pioneering effective financial education in the next generation. The GenAspire team partners with Credit Unions to provide schools around the country access to innovative, hands-on tools that turn complex financial concepts into relatable, interactive experiences. GenAspire follows a model of success which connects teens and young adults with their first bank account, meets them where they are through digital banking services, provides them with financial literacy, and empowers them to dream big and achieve financial independence.
Black Dragon Capital℠ continues establishing partnerships with credit unions who have the shared goal of exploring advanced technologies that can empower them to serve their community better and optimize their services in a rapidly changing digital landscape. The firm has recently formed a FinTech Limited Partners Advisory Board, which includes innovative and sophisticated credit unions in the market, to ensure that strategic decisions are made with a thorough due diligence process that leverages insights from our partners and our team's deep domain experience.
Prominent members of the credit union community have joined forces with Black Dragon Capital℠ because of the firm's history of transforming companies. The firm's trusted leaders have been part of the credit union movement for decades and are committed to seeing it evolve and succeed.
Black Dragon Capital℠ believes that GenAspire is one of the fintech solutions that can directly address the need for credit unions to access, engage and add the next generation of members by exposing them to the benefits of the credit union movement. They have invested in GenAspire with the belief that it has the potential to grow into a successful and sustainable business while serving the needs of the credit union community.
Fintech Business Asia, a business of FinTech Business Review
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